Part 1. Please watch the Auditing Ethics Case and answer the following questions 1. Which accounts have the auditors found and confirmed the existence of misstatements? 2. Which account does the engagement manager need additional information to evaluate whether the number is fairly presented? What information doe the manager request from Beekman to complete the audit of this account? 3. Why do the CFO of Beekman and the engagement partner call those accounts gray areas, judgment call. Do you agree? Why or why not? 4. Why does a small financial statement profit have significant impact on Beekmans business? 5. As we discussed in class, materiality is determined by both quantitative and qualitative factors. Which qualitative factor(s) plays a role in determining the materiality of misstatements in this case?